Life insurance blog: news + topics to keep you informed -

Life Insurance Settlement Options

A settlement is the way your life insurance policy proceeds are paid. There are many life insurance settlement options that can be confusing at first; your policy may pay out a lump-sum cash payment, life income, a fixed amount, or interest paid periodically. As a policyholder, you can usually choose the settlement method you prefer although your beneficiary may....

Final Expense Life Insurance

Before you buy a policy, make sure you calculate how much your funeral will cot to ensure you get enough coverage to protect your family. The average funeral in 2015 costs between $8,000 and $12,000 so it may be wise to get a policy for at least $15,000 in coverage. You may also want additional coverage to help....

How Does Life Insurance Work?

Life insurance to put it simply, is protection for those who depend upon you financially. If you die prematurely, life insurance products will provide them a sum of money to replace your lost income. You may see....

What Is the Difference Between Term and Permanent Life Insurance?

You purchase insurance for a specific “term” which typically ranges from 10-30 years. This is pure life insurance. You are paying your money (premiums) in return for financial protection in the event of your death. That financial protection comes in....

Life Insurance and Marijuana: How to Pay Cheap Rates

What's the big deal, it's just a little weed, right? Can I still get affordable life insurance rates if I smoke pot? Lucky for you, the answers to those 2 questions are pretty favorable these days. In this article, we'll explore everything you need to know....

Life Insurance Child Riders: Everything You Should Know

A child rider allows you to add life insurance for your child onto your basic policy. While no one wants to ever think of losing a child, the situation does result in financial consequences along with the emotional devastation....

Life Insurance with Colon Cancer: 8 Things you MUST Know

Not all that long ago, a diagnosis of colon cancer virtually guaranteed an automatic decline when applying for life insurance. Times have changed, so that’s no longer the case....

Life Insurance for Skydivers: Jump for Affordable Rates

When you are an extreme hobbyist, and the thought of jumping out of an airplane at 12,000 feet going 115 mph makes you jump for joy, it may be a little difficult to see an insurance company’s point of view on skydiving....

Life Insurance Options for Grandchildren

You’ve already given so much to your grandchildren and have impacted their lives in more ways than you can know. Long after you’re gone, the memories and legacy you’ve created will live on forever. What better way to add to that legacy than giving the gift of....

Life Insurance with Drug History: Hope Exists for Low Rates

If you currently use illicit drugs or have used in the past, you might be wondering how this will affect your application for life insurance. Maybe you’ve already applied for life insurance but got declined because of your drug history....

Life Insurance for Special Needs Children: A Difficult Topic

What some parents really struggle with when thinking about purchasing life insurance for special needs children is the possibility that they might live longer than their child. No parent wants to even fathom the thought that they might outlive their child. However, depending on your child’s disability....

Life Insurance for Diabetics: Factors That Affect Rates

Here’s what you need to remember: approval for a policy and the rate you qualify for depends on how controlled your diabetes is. Most life insurance companies will want to see your diabetes stable and well-controlled for at least 6 to 12 months....